Define the markets, people, and environments you are addressing
Answer: Current Price $26.65
Explanation:
Rate of return = 12.5%
dividends = $1.98
Expected Price (in a year from now) Pe= $28
Current price = Pc
R = (Pe - Pc + D)/Pa
0.1250 = (28 - Pc + 1.98)/Pc
28 - Pc + 1.98 = 0.1250Pc
-Pc - 0.1250Pc = - 28 - 1.98
- 1.125Pc = -29.98
Pc = -29.98/(-1.1250Pc) = 26.64888889
Pc = $ 26.65
Answer:
1,212,723 shares
Explanation:
Given that,
Value of issuing preferred stock = $33,000,000
Discount rate = 11.87%
Dividend paid = $3.23
Price of preferred stock:
= Annual dividend ÷ discount rate
= $3.23 ÷ 0.1187
= $27.2115
Shares will they need to issue:
= Value of issuing preferred stock ÷ Price of preferred stock
= $33,000,000 ÷ $27.2115
= 1,212,723
Answer:
$0.10 is the correct answer.
Explanation:
Answer: True
Explanation:
The valuation of marketable securities on the balance sheet requires the securities on the balance sheet requires the separation of investment securities into three categories.
The categories are held to maturity which are the securities that are bought and then kept until they mature; the trading securities and then the securities that are available for sale.
